Printable PDFOracle 1Z0-1060-22 dumps - 100% Pass Guarantee!
Vendor: Oracle
Certifications: Oracle Financials Cloud
Exam Name: Oracle Accounting Hub Cloud 2022 Implementation Professional
Exam Code: 1Z0-1060-22
Total Questions: 60 Q&As ( View Details)
Last Updated: Apr 16, 2024
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1Z0-1060-22 Q&A's Detail
| Exam Code: | 1Z0-1060-22 |
| Total Questions: | 60 |
| Single & Multiple Choice | 60 |
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1Z0-1060-22 Online Practice Questions and Answers
A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accounting rules to be shared?
A. One subledger for the 3 Loan systems and one subledger for Insurance.
B. One subledger for each source system.
C. One subledger for all 4 source systems.
D. One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
What are the tables or views from which the Create Accounting process takes source data that is used in accounting rules to create journal entries referred to as?
A. Transaction objects
B. Event entities
C. Source objects
D. Mapping sets
How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?
A. Two
B. One
C. Three
D. Unlimited
Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journal line?
A. Assign a custom formula.
B. Assign an accounting attribute.
C. You do not need to do anything additional.
D. Assign a line classification or line type attribute.
What is NOT included in the minimum required accounting attribute assignments?
A. Second Distribution Identifier
B. First Distribution Identifier
C. Distribution Type
D. Accounting Date
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